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Multi-Cloud Networking in Fintech Market By Component, By Enterprise Size, By Cloud Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 276 Pages
  • November 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725167
Multi-cloud networking in fintech has emerged as an emerging trend that has shown impactful results in the financial sector. In addition, it helps to enhance performance, reduce service disruption, and vendor diversification. Moreover, it brings compelling business benefits to banks, including best-in-class capabilities, enhanced performance, reduced service disruption, and vendor diversification.

The increasing deployment of cloud service providers (CSPs) and the need for disaster recovery and contingency plans is boosting the growth of multi-cloud networking in the fintech market. In addition, the rise in the adoption of multi-cloud networking in fintech positively impacts the growth of the market. However, the lack of a skilled workforce and the complexity in redesigning the network for the cloud is hampering the multi-cloud networking in fintech market growth. On the contrary, the adoption of the emergence of the rise in a number of small and medium enterprises offers remunerative opportunities for the expansion of the multi-cloud networking in fintech market during the forecast period.

The multi-cloud networking in fintech market is segmented on the basis of by component, enterprise size, cloud type, and region. On the basis of component, the market is categorized into solution and service. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. By cloud type, it is classified into public and private. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players that operate in the multi-cloud networking in fintech market are Aviatrix, VMware, Inc., Oracle Corporation, F5, Inc. Cisco System Inc., Nutanix, Cloudflare, Inc., Juniper Networks, Inc, Citrix Systems, Inc, versa networks, inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the multi-cloud networking in fintech market forecast along with the current and future trends to explain the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on global multi-cloud networking in fintech market trend is provided in the report.
  • The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.

Key Market Segments

By Component

  • Solution
  • Service
  • Service type
  • Training and consulting
  • System integration and implementations
  • Support and Maintenance

By Enterprise Size

  • Large Enterprises
  • SMEs

By Cloud Type

  • Public
  • Private

By Region

  • North America
  • U. S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Singapore
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Oracle Corporation
  • Cisco Systems Inc.
  • Nutanix
  • Juniper Networks, Inc.
  • F5, Inc.
  • VMware, Inc.
  • Versa Networks, Inc.
  • Citrix Systems, Inc.
  • Aviatrix
  • Cloudflare, Inc.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: MULTI-CLOUD NETWORKING IN FINTECH MARKET, BY COMPONENT
4.1 Overview
4.1.1 Market size and forecast
4.2 Solution
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Service
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.3.4 Service Multi-Cloud Networking in Fintech Market by Service type
4.3.4.1 Training and consulting Market size and forecast, by region
4.3.4.2 Training and consulting Market size and forecast, by country
4.3.4.3 System integration and implementations Market size and forecast, by region
4.3.4.4 System integration and implementations Market size and forecast, by country
4.3.4.5 Support and Maintenance Market size and forecast, by region
4.3.4.6 Support and Maintenance Market size and forecast, by country

CHAPTER 5: MULTI-CLOUD NETWORKING IN FINTECH MARKET, BY ENTERPRISE SIZE
5.1 Overview
5.1.1 Market size and forecast
5.2 Large Enterprises
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 SMEs
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: MULTI-CLOUD NETWORKING IN FINTECH MARKET, BY CLOUD TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Public
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Private
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country

CHAPTER 7: MULTI-CLOUD NETWORKING IN FINTECH MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Component
7.2.2.1 North America Service Multi-Cloud Networking in Fintech Market by Service type
7.2.3 North America Market size and forecast, by Enterprise Size
7.2.4 North America Market size and forecast, by Cloud Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Component
7.2.5.1.2.1 U. S. Service Multi-Cloud Networking in Fintech Market by Service type
7.2.5.1.3 Market size and forecast, by Enterprise Size
7.2.5.1.4 Market size and forecast, by Cloud Type
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Component
7.2.5.2.2.1 Canada Service Multi-Cloud Networking in Fintech Market by Service type
7.2.5.2.3 Market size and forecast, by Enterprise Size
7.2.5.2.4 Market size and forecast, by Cloud Type
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Component
7.3.2.1 Europe Service Multi-Cloud Networking in Fintech Market by Service type
7.3.3 Europe Market size and forecast, by Enterprise Size
7.3.4 Europe Market size and forecast, by Cloud Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Component
7.3.5.1.2.1 UK Service Multi-Cloud Networking in Fintech Market by Service type
7.3.5.1.3 Market size and forecast, by Enterprise Size
7.3.5.1.4 Market size and forecast, by Cloud Type
7.3.5.2 Germany
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Component
7.3.5.2.2.1 Germany Service Multi-Cloud Networking in Fintech Market by Service type
7.3.5.2.3 Market size and forecast, by Enterprise Size
7.3.5.2.4 Market size and forecast, by Cloud Type
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Component
7.3.5.3.2.1 France Service Multi-Cloud Networking in Fintech Market by Service type
7.3.5.3.3 Market size and forecast, by Enterprise Size
7.3.5.3.4 Market size and forecast, by Cloud Type
7.3.5.4 Spain
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Component
7.3.5.4.2.1 Spain Service Multi-Cloud Networking in Fintech Market by Service type
7.3.5.4.3 Market size and forecast, by Enterprise Size
7.3.5.4.4 Market size and forecast, by Cloud Type
7.3.5.5 Italy
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Component
7.3.5.5.2.1 Italy Service Multi-Cloud Networking in Fintech Market by Service type
7.3.5.5.3 Market size and forecast, by Enterprise Size
7.3.5.5.4 Market size and forecast, by Cloud Type
7.3.5.6 Netherlands
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Component
7.3.5.6.2.1 Netherlands Service Multi-Cloud Networking in Fintech Market by Service type
7.3.5.6.3 Market size and forecast, by Enterprise Size
7.3.5.6.4 Market size and forecast, by Cloud Type
7.3.5.7 Rest of Europe
7.3.5.7.1 Key market trends, growth factors and opportunities
7.3.5.7.2 Market size and forecast, by Component
7.3.5.7.2.1 Rest of Europe Service Multi-Cloud Networking in Fintech Market by Service type
7.3.5.7.3 Market size and forecast, by Enterprise Size
7.3.5.7.4 Market size and forecast, by Cloud Type
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Component
7.4.2.1 Asia-Pacific Service Multi-Cloud Networking in Fintech Market by Service type
7.4.3 Asia-Pacific Market size and forecast, by Enterprise Size
7.4.4 Asia-Pacific Market size and forecast, by Cloud Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Component
7.4.5.1.2.1 China Service Multi-Cloud Networking in Fintech Market by Service type
7.4.5.1.3 Market size and forecast, by Enterprise Size
7.4.5.1.4 Market size and forecast, by Cloud Type
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Component
7.4.5.2.2.1 Japan Service Multi-Cloud Networking in Fintech Market by Service type
7.4.5.2.3 Market size and forecast, by Enterprise Size
7.4.5.2.4 Market size and forecast, by Cloud Type
7.4.5.3 South Korea
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Component
7.4.5.3.2.1 South Korea Service Multi-Cloud Networking in Fintech Market by Service type
7.4.5.3.3 Market size and forecast, by Enterprise Size
7.4.5.3.4 Market size and forecast, by Cloud Type
7.4.5.4 India
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Component
7.4.5.4.2.1 India Service Multi-Cloud Networking in Fintech Market by Service type
7.4.5.4.3 Market size and forecast, by Enterprise Size
7.4.5.4.4 Market size and forecast, by Cloud Type
7.4.5.5 Australia
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Component
7.4.5.5.2.1 Australia Service Multi-Cloud Networking in Fintech Market by Service type
7.4.5.5.3 Market size and forecast, by Enterprise Size
7.4.5.5.4 Market size and forecast, by Cloud Type
7.4.5.6 Singapore
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Component
7.4.5.6.2.1 Singapore Service Multi-Cloud Networking in Fintech Market by Service type
7.4.5.6.3 Market size and forecast, by Enterprise Size
7.4.5.6.4 Market size and forecast, by Cloud Type
7.4.5.7 Rest of Asia-Pacific
7.4.5.7.1 Key market trends, growth factors and opportunities
7.4.5.7.2 Market size and forecast, by Component
7.4.5.7.2.1 Rest of Asia-Pacific Service Multi-Cloud Networking in Fintech Market by Service type
7.4.5.7.3 Market size and forecast, by Enterprise Size
7.4.5.7.4 Market size and forecast, by Cloud Type
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Component
7.5.2.1 LAMEA Service Multi-Cloud Networking in Fintech Market by Service type
7.5.3 LAMEA Market size and forecast, by Enterprise Size
7.5.4 LAMEA Market size and forecast, by Cloud Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Component
7.5.5.1.2.1 Latin America Service Multi-Cloud Networking in Fintech Market by Service type
7.5.5.1.3 Market size and forecast, by Enterprise Size
7.5.5.1.4 Market size and forecast, by Cloud Type
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Component
7.5.5.2.2.1 Middle East Service Multi-Cloud Networking in Fintech Market by Service type
7.5.5.2.3 Market size and forecast, by Enterprise Size
7.5.5.2.4 Market size and forecast, by Cloud Type
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Component
7.5.5.3.2.1 Africa Service Multi-Cloud Networking in Fintech Market by Service type
7.5.5.3.3 Market size and forecast, by Enterprise Size
7.5.5.3.4 Market size and forecast, by Cloud Type

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Oracle Corporation
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Cisco Systems Inc.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Nutanix
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Juniper Networks, Inc.
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Aviatrix
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 VMware, Inc.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 F5, Inc.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Citrix Systems, Inc.
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Versa Networks, Inc.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Cloudflare, Inc.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Multi-Cloud Networking in Fintech Market,' The multi-cloud networking in fintech market was valued at $362.34 million in 2021, and is estimated to reach $1.9 billion by 2031, growing at a CAGR of 18.2% from 2022 to 2031.

Multi-cloud networking helps in network performance. In addition, the practice of using cloud services from multiple, disparate providers is known as multi-cloud networking this includes public and private cloud it also specialized providers in platform-as-a-service, infrastructure-as-a-service, and software-as-a-service. Furthermore, it helps fintech companies to store and manage data in a secure and reliable manner and also enables businesses to use clever techniques for loans, payments, and fraud prevention.

Key factors driving the growth of the multi-cloud networking in fintech market include the increasing deployment of cloud service providers (CSPs), need for disaster recovery and contingency plan and rise in adoption of multi-cloud networking in fintech. Data generation has increased multifold due to Increased usage of computing devices and rise in IT consumerization. In addition, multi-cloud disaster recovery entails storing data with more than one cloud vendor as it simplifies cloud backups in fintech companies and also helps in sending data easily to multiple providers. Furthermore, the cloud services allow fintech system data to be stored and recovered on a remote cloud-based platform. Moreover, it provides cost efficiency and also helps to store, access, and share data from anywhere using any device which drives the growth of the market.

The market also offers growth opportunities to the key players in the market. The rapid development of fintech is increasing the need for financial education. In addition, Fintech lowers the barriers to financing and investment, the fundamental risks and organizational limitations remain. Therefore, SMEs need to improve their financial literacy to take the most advantage of the financial opportunities made possible by fintech. Moreover, SMEs themselves can use Fintech as a tool for analyzing their own businesses and improving performance. In this rapidly changing business environment, SMEs are required to actively respond to transformation without getting swept away by the trend. Furthermore, technology advancement improves the efficiency of financial institutions, including Fintech firms, by encouraging competition, and it further enables SMEs to achieve more favorable terms for financing.

The growlers market is segmented into multi-cloud networking in fintech market is segmented on the basis of component, enterprise size, cloud type, and region. On the basis of component, the market is categorized into solution and service. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. On the basis of cloud type, it is classified into public and private. Region wise, it is analyzed across North America (the U.S., Canada), Europe (the UK, Germany, France, Spain, Italy, Netherlands, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, Singapore, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).

The key players profiled in the study include Aviatrix, VMware, Inc., Oracle Corporation, F5, Inc. Cisco System Inc., Nutanix, Cloudflare, Inc., Juniper Networks, Inc, Citrix Systems, Inc, and Versa Networks, Inc. The players in the market have been actively engaged in the adoption of various strategies such as partnership, collaboration, new innovation, and product launch to remain competitive and gain advantage over the competitors in the market. For instance, in December 2020, Aviatrix partnered with Epsilon to deliver a multi-cloud service for enterprises.

Key Market Insights

By component, the solution segment was the highest revenue contributor to the market, and is estimated to reach $ 1,025.98 million by 2031, with a CAGR of 17.3%. However, the service segment is estimated to be the fastest-growing segment with the CAGR of 19.4% during the forecast period.

By enterprise size, the large enterprise segment dominated the global market and is estimated to reach $ 1,224.75 million by 2031, with a CAGR of 17.5%. However, the SMEs segment is expected to be the fastest-growing segment with 19.6% during the multi-cloud networking in fintech Market Forecast.

Based on cloud type, the public segment was the highest revenue contributor to the market, with $ 283.69 million in 2021, and is estimated to reach $ 1,403.92 million by 2031, with a CAGR of 17.3%.

Based on region, North America was the highest revenue contributor, accounting for $ 183.49 million in 2021, and is estimated to reach $ 815.65 million by 2031, with a CAGR of 16.1%.

Companies Mentioned

  • Oracle Corporation
  • Cisco Systems Inc.
  • Nutanix
  • Juniper Networks, Inc.
  • F5, Inc.
  • Vmware, Inc.
  • Versa Networks, Inc.
  • Citrix Systems, Inc.
  • Aviatrix
  • Cloudflare, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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